While AMD’s PC business beat expectations, its data-center business, which includes AI accelerators, missed the mark.
For the current quarter, AMD guided for revenue between $6.8 billion and $7.4 billion, the midpoint of which beat the $7 billion that analysts surveyed by FactSet had forecast.
Nvidia Corp. in the market for artificial intelligence computing. Though AMD’s overall revenue topped estimates — and it ...
Investing.com-- Advanced Micro Devices Inc (NASDAQ:AMD) reported better-than-expected fourth quarter earnings and revenue, driving its stock up 4% in after-hours trading.